Camera and lens shipment data for May continues April’s pleasing growth trend, with mirrorless interchangeable lens cameras now accounting for just under 80 percent of the value of the entire camera market, DSLRs continuing their decline in both unit and value terms, and compact cameras bumping along with lower units sales – but improving average selling prices per camera.
Mirrorless interchangeables are driving the market. From Jan-May there were 1,641,00 shipped with an average value, according to CIPA (with currency conversion), of around $1230 each camera. By comparison, there were just 671,000 compact cameras shipped, with an average value of around $435, while there were 452,000 DSLRs shipped, with an average value of just $490, underscoring our comments last month that DSLRs and now firmly at the budget end of the interchangeable lens camera market.
While compacts are down over 10 percent compared to Jan-May 2022, and DSLRs are down a whopping 40 percent over the same period, mirrorless cameras are up 25 percent.
Lenses are also showing continued growth, with both April and May shipments outstripping the same months in 2022 by close to 10 percent.